Corporate Update Presentation
Corporate Update Presentation
Perth, Oct 23, 2020 AEST (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) provides the Corporate Update Presentation that was presented live by John Borshoff, Managing Director/CEO at the OTC Global Metals & Mining Virtual Investor Conference on 22 October 2020. Deep Yellow is listed on the OTC QX Exchange (code DYLLF).

Key Achievements Over Past 12 Months

- Resources expanded at the Reptile project

- Tumas Project PFS near completion

- JOGMEC (Japanese entity) completed $4.5M earn-in at adjacent Nova JV project. Highly prospective target to be advanced

- Targeted M&A activity continuing - advanced opportunities identified

- Strong capital position A$11M Sept 2020

Key Ingredients Remain for Execution of Dual Growth Strategy

- Uranium industry in an extended downturn and under financial pressure

- Fundamental supply/demand disconnect in the market post 2023

- Key majors focused on either divesting assets or exiting sector

- Sector consolidation essential during general investor disinterest

To view the presentation, please visit:

About Deep Yellow Limited

Deep Yellow Limited ASX DYLDeep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) (Namibian Stock Exchange:DYL) is a differentiated, advanced uranium exploration company, in predevelopment phase, implementing a contrarian strategy to grow shareholder wealth. This strategy is founded upon growing the existing uranium resources across the Company's uranium projects in Namibia and the pursuit of accretive, counter-cyclical acquisitions to build a global, geographically diverse asset portfolio. A PFS has recently been completed on its Tumas Project in Namibia and a DFS commenced February 2021. The Company's cornerstone suite of projects in Namibia is situated within a top-ranked African mining destination in a jurisdiction that has a long, well-regarded history of safely and effectively developing and regulating its considerable uranium mining industry.



John Borshoff
Managing Director/CEO
T: +61-8-9286-6999

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